Written by Miami Today on August 18, 2005
Miami is a weekly feature of Miami Today, keeping readers ahead
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CARGO CARRIER EXPANDS: Amerijet International Inc., a cargo air carrier operating at Miami International Airport, Monday opened a 96,000-square-foot terminal for incoming freight. The company has been operating at the airport since 1995 in a 210,000-square-foot hub. "The new facility will make it easier for customers when picking up freight," said spokeswoman Linda Greck. Vice President of Cargo Operations Lou Montella said Amerijet has carried 213 million pounds of cargo this year – 78 million pounds of imports and 135 million in exports.
SAFETY VALVE: As commercial office space has tightened in Miami-Dade County, the Airport West area "has served as a relief valve," posting the highest net absorption of office space in the county, brokerage Colliers International reports. In the first six months of the year, the firm says, 750,000 square feet of office space was leased for net absorption of more than 250,000 square feet, with vacancies falling to 11.7%. The biggest lease was a renewal, Colliers reports, as Amadeus North America leased 185,226 square feet at 9250 NW 36th St.
PRICES ON RISE: Consumer prices in the Miami-Fort Lauderdale area have risen 3.8% in the year ending June 30, the federal Bureau of Labor Statistics reported Tuesday. A typical market basket of goods that would have cost a consumer $100 in the early 1980s would have cost $192.60 in June, the bureau reported. Nationally, consumer prices in cities rose 2.5%.
FLOCKING TO HIALEAH: The city, with nearly 35 million square feet of industrial space, filled nearly 400,000 square feet while only 40,000 square feet were built in the first half of this year, CB Richard Ellis says. "The Hialeah submarket has one of the lowest vacancy rates in all of Miami-Dade," the firm reports, with just 1.6% of space vacant. At $5.69 per square foot, the firm says, Hialeah remains one of the most competitive industrial sectors in the county. Most occupants, the firm says, are manufacturing and warehousing companies seeking a bilingual labor pool.
HOT TICKET: MTV Video Music Awards tickets go on sale to South Florida residents at 10 a.m. Saturday. A limited number of $100 and $200 tickets will be available on the Ticketmaster Web site. Hosted by Miami resident Diddy, the award show, slated to start at 8 p.m. Aug. 28 at American Airlines Arena, is to feature Mariah Carey, Kelly Clarkson, Green Day, the Killers, Ludacris, Shakira and Kanye West. Details: www.ticketmaster.com or www.vmainfo.mtv.com.
GROWTH-LAW IMPACT: The Urban Land Institute for Florida and the Caribbean will analyze Florida’s new growth-management legislation and its impact on local communities at a 7:30 a.m. breakfast Sept. 16. Bob Rhodes, of counsel with Jacksonville law firm Foley & Lardner and an authority on the growth law, will speak. The breakfast will be at the JW Marriott Hotel Miami, 1109 Brickell Ave. Details and fees: 1-800-321-5011.
BEDSIDE MANNERS: Mercy Hospital has won an award for the third time for providing an "outstanding patient experience." J.D. Power and Associates measured satisfaction levels by interviewing a random sample of recently discharged patients on how they had found their stay and comparing ratings with a national average. In another presentation July 27, employees handed a check for $217,000 to CEO John Matuska toward expansion of the hospital’s emergency room.
PORT TOAST: Port of Miami officials plan to celebrate the 100th anniversary of Government Cut, the channel leading from the ocean to Watson Island, at a reception Tuesday after a day of meetings. The daylong Port of Miami Summit is scheduled for 8 a.m.-5 p.m. at Cruise Terminal G. Summit attendees will consider cargo and cruise operations, port security and the environment during morning and afternoon sessions. They may also have lunch aboard the Norwegian Dawn. Details: (305) 347-4910 or (305) 347-4841.
PAPER TENANT: A Midwest paper and cardboard manufacturer is to open a warehouse in North Miami by year’s end. Lake Forest, IL-based Packing Corp. of America is leasing 103,150 square feet at the Bristol Distribution Center in the Sunshine State Industrial Park. The company signed a lease this month and will fit out the space prior to occupation. The 168-year-old manufacturer will be a neighbor of Coca-Cola, which last month leased 71,250 square feet at the site. The project is at Interstate 95, the Palmetto Expressway, Interstate 75 and Florida’s Turnpike.
DESIGNING DORAL: The Doral City Council last week approved a resolution authorizing an agreement with O’Leary Richards Design Associates Design Inc. to develop the city’s street master plan. The design cost is $70,000.
TRADE SUPPORTER: Seven trade groups are to join forces Aug. 31 to honor a senior executive in Miami-Dade County who won support for the Central American Free Trade Agreement signed at the beginning of the month. Jose Perez-Jones, Seaboard Marine senior vice president, is to be center stage at the International Trade Leadership Achievement Award and Business Luncheon at the Hotel Hilton Miami Airport. Details: Florida Foreign Trade Association, (305) 471-0737.
PROBE AND RIDE: Doral’s city council last week authorized a request for proposal for a certified public accountant to conduct independent auditing services. The city also entered an agreement with Kimley-Horn and Associates Inc. for development of a bikeway network plan.